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News Release: Gemini Rosemont adds Peninsula Life Science Center eight-story office building to portfolio in all cash transaction
LOS ANGELES – December 21, 2022 – Gemini Rosemont Commercial Real Estate, a vertically integrated real estate investment management firm specializing in Class A multi-tenant office and luxury residential properties, has acquired Peninsula Life Science Center for $59,350,000. The eight-story office building located at 1828 El Camino Real in the San Francisco Peninsula’s city of […]
News Release: Northmarq finalizes $20 million refinance of medical office property located in Beverly Hills central business district
Medical Office – Debt LOS ANGELES, CALIFORNIA (December 21, 2022) – Ory Schwartz, senior vice president/managing director of Northmarq’s Los Angeles debt/equity team arranged the $20 million refinance of a 126,567 sq. ft. class A office property. Located at 8750 Wilshire Boulevard in Beverly Hills’ central business district, the property was originally built in 1991 […]
News Release: Closing Announcement – Crouse Medical Center (Syracuse, N.Y.)
Newmark Healthcare Capital Markets nmrk.com CLOSING ANNOUNCEMENT HEALTHCARE CAPITAL MARKETS CROUSE MEDICAL CENTER HUB OUTPATIENT CAMPUS SYRACUSE, NY | DECEMBER 2022 175,000 SF ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Newmark announces the sale of the 175,000 square foot Crouse Medical Center, an outpatient campus along the “main and main” East Syracuse healthcare cluster of Brittonfield Parkway. The campus is nearly 100% […]
News Release: Buchanan Street Partners Acquires Laguna Hills (Calif.) Medical Office Conversion Property For $28,100,000
Laguna Hills, CA (December 20, 2022) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Oakbrook Plaza, a four-story, 120,354 square foot office property in Laguna Hills, California. Buchanan is purchasing the building, at 24422 Avenida De La Carlota, from a New York City-based fund manager for $28,100,000 in an […]
Feature Story: Outpatient is the place to be as demand rises
MOBs remain a haven for investors, Cushman webinar panelists say By John B. Mugford The COVID-19 pandemic brought about many changes in how people go about their lives and conduct business. One well-known trend that was already underway long before the pandemic is the rising proportion of patient care delivered in outpatient facilities. That change […]
News Release: JLL arranges major capitalization for Gattuso Development’s new Philadelphia life sciences project
News Release The state-of-the-art building at 3201 Cuthbert Street will be the largest life sciences research and lab facility in the city PHILADELPHIA, Dec. 19, 2022 – JLL’s Capital Markets group announced today that it has arranged a $290 million construction loan that will allow project partners Gattuso Development Partners and Vigilant Holdings of New […]
News Release: Recent Sale | Medical Office Building | California
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | December 19, 2022 1050 Iron Point Road, Folsom, CA 16,138 SF Medical Office Building We are pleased to announce the sale and lease of a single tenant medical clinic and imaging center building. The building is situated in a high demographic, Class A neighborhood, and […]
News Release: Remedy Medical Properties provides complete solution with acquisition and expansion of Urology Nevada MOB
FOR IMMEDIATE RELEASE A newly completed addition to the existing regional care center in Reno, Nev., brings the total size of the surgery center and medical office building to 29,830 square feet RENO, Nev., and CHICAGO, Dec. 19, 2022 – A joint venture (JV) partnership of Urology Nevada, the largest, most comprehensive urology practice in […]
For Sale: OFFERS REQUESTED – Trophy Medical Office Investment Opportunity in Downtown LA
OFFERS REQUESTED BY TUESDAY, JANUARY 10, 2023 – 5:00PM PDT CALL FOR OFFERS JAN. 10 TROPHY MEDICAL OFFICE INVESTMENT OPPORTUNITY IN DOWNTOWN 3rd St Medical Center 2100 WEST 3RD STREET | LOS ANGELES, CA AltaMed | Childrens Hospital Los Angeles | Providence Property Website Confidentiality Agreement CBRE 3rd Street Medical Center 2100 West 3rd Street Los […]
News Release: Anchor Health Properties Expands Multi-Asset Pacific Northwest Portfolio with Portland MSA Off Market Transaction
FOR IMMEDIATE RELEASE December 19, 2022 (Portland, OR) Continuing to target the Pacific Northwest as a key investment market, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a 19,916 square foot Class A medical office building in the Clackamas […]
News Release: Planning Application Submitted at Canary Wharf for Europe’s Largest and most Technologically Advanced Life Sciences Building
THURSDAY 15 DECEMBER 2022 Joint Venture between Canary Wharf Group and Kadans Science Partner plans to establish a unique 23- storey vertical campus at the heart of a new world class life sciences ecosystem Canary Wharf Group (“CWG”) and Kadans Science Partner (“Kadans”) are submitting a detailed planning application for a state-of-the-art commercial health and […]
Feature Story: Expert advice – Be patient and proactive
GlobeSt panel remains upbeat about the prospects for LSRE By Murray W. Wolf As we all know, we’re in a period of economic uncertainty that is resulting in a slowdown of life sciences real estate (LSRE) transactions, financing, development and leasing activity. So what’s a LSRE professional to do? A panel of industry experts that […]
News Release: CBRE Arranges $12.6M Sale of 30,677-SF Medical Office Building in Charleston (S.C.)
Press Release December 14, 2021 CBRE has arranged the sale of a 30,677-square-foot medical office building at 615 Wesley Drive in Charleston, S.C. JEMO – Wesley, LLC purchased the property from 615 Wesley Drive, LLC for $12.6 million. CBRE’s Charles Carmody and Ryan Carmody represented the seller in the transaction. “While office product was an […]
News Release: The Howard Hughes Corporation® Breaks Ground On Medical Office Building Launching Rejuvenation Of Lakefront District In Downtown Columbia®
NEWS PROVIDED BY The Howard Hughes Corporation Dec 14, 2022, 07:17 ET New 86,000-Square-Foot, Premier Medical Office Building Solidifies Next Phase of Development in Downtown Columbia® COLUMBIA, Md., Dec. 14, 2022 /PRNewswire/ — The Howard Hughes Corporation® (NYSE: HHC) has broken ground on a four-story, $45.8 million medical office building in the Lakefront District in Downtown Columbia®, Maryland, signifying the next phase in the revitalization […]
News Release: Texas Biomed added to national readiness and preparedness network
Posted: 12.13.2022 Move Positions Texas as Top Provider of Medical Countermeasures for Public Safety and National Security SAN ANTONIO (December 13, 2022) – The federal agency that protects against pandemics and bioterrorism has elevated Texas Biomedical Research Institute into the top ranks of its national readiness and preparedness network. The new designation as a prime […]